Jose Maria Usategui

Professor of Economic Analysis at the University of the Basque Country, UPV/EHU.


Departamento de Fundamentos del Análisis Económico II

Facultad de CC. Económicas y Empresariales

Universidad del País Vasco/EHU

Avda. Lehendakari Aguirre, 83

48015 - Bilbao



Phone: (34) 946013771 Fax: (34) 946017123



Research interests:

Industrial Organization, Economics of Information, Risk Theory, Decision under uncertainty, Game Theory, Environmental Economics.


Selected Publications:


- Optimal emissions taxation and internalization of environmental damage when emissions occur during use or at disposal (with Amagoia Sagasta), The Singapore Economic Review (forthcoming).


- Timing of emissions and effects of emission taxes in durable-goods oligopolies (with Amagoia Sagasta), The B.E. Journal of Economic Analysis and Policy (forthcoming).


- Riskiness in gambles that belong to the same location-scale family and with well-defined means and variances (with Arritokieta Chamorro), 2018, Mathematics and Financial Economics 12 (4), 475-493.


- Time structure of emissions and comparison between the optimal emission taxes under selling and under renting in durable-good oligopolies (with Amagoia Sagasta), 2018, The Manchester School, 86 (1), 52-75.


- Riskiness in Binary Gambles: A geometric analysis, 2017, Economics Letters, 159, 149-152.


- Purchase and rental subsidies in durable-good oligopolies (with Amagoia Sagasta), 2015, Hacienda Pública Española/Review of Public Economics, 213 (1), 11-40.


- (Book) Economía de las Subastas, 2008, ISBN: 978-84-9860-185-5, Servicio Editorial de la Universidad del País Vasco, 1-136.


- Non-Stationary Demand in a Durable Goods Monopoly, 2007, The Manchester School, 75 (5), 569-579.


- Overcompliance with Minimum Quality Standards (with Lander Beloqui), 2004, Investigaciones Económicas, 28, 233-255.


- (Book) Subastas, Señales y Otras Respuestas a las Asimetrías de Información, 2003, ISBN: 84-8373-546-6, Servicio Editorial de la Universidad del País Vasco, 1-211.


- Firm Location when Countries Differ in Infraestructures or Incomes (with Ana M. Martín-Arroyuelos), 2000, Journal of Economic Integration, 15, 294-313.


- Innovation Difussion Subsidies: Supplier without Precommitment Ability and Welfare (with Ana I. Saracho), 1994, European Journal of Political Economy, 10, 357-372.


- Contaminación Unidireccional y Tasas sobre Vertidos, 1994, Revista Española de Economía, Monográfico: Recursos Naturales y Medio Ambiente, 79-96.


- Finite Duration of Unemployment Insurance, Reservation Wages and Participation in the Job Market, 1993, Journal of Public Economics, 50, 407-428.


- The Shapley Value and Average Convex Games (with Elena Iñarra), 1993 International Journal of Game Theory, 22, 13-29.


- Uncertain Irreversibility, Information and Transformation Costs, 1990, Journal of Environmental Economics and Management, 19, 73-85.


Recent working papers (2017-2018):


Supervisor of eight Ph. D. Thesis in Economics

Head of Research Groups and Projects since 1988: The last ones:


- Grupo de Investigación Consolidado (GIC07/145-IT-313-07), Gobierno Vasco, January-2007, December-2012.

- Comportamiento estratégico, organización en redes y regulación de mercados (BEC2003-02084), Ministerio de Ciencia y Tecnología, December 2003, December 2006.

- Decisiones estratégicas, contratos y regulación de mercados (BEC2000-0301), Ministerio de Ciencia y Tecnología, December 2000, December 2003.

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